WMT - Walmart Inc.
121.50 -0.06 (-0.05%)
After hours: 6:06PM EDT
| Previous close | 122.11 |
| Open | 122.57 |
| Bid | 121.40 x 900 |
| Ask | 121.49 x 1200 |
| Day's range | 119.91 - 122.68 |
| 52-week range | 102.00 - 133.38 |
| Volume | 11,898,461 |
| Avg. volume | 11,010,410 |
| Market cap | 344.252B |
| Beta (5Y monthly) | 0.40 |
| PE ratio (TTM) | 24.31 |
| EPS (TTM) | 5.00 |
| Earnings date | 18 Aug 2020 |
| Forward dividend & yield | 2.16 (1.77%) |
| Ex-dividend date | 13 Aug 2020 |
| 1y target est | 135.06 |
- Yahoo Finance
3 big reasons retail brands die in America
Yahoo Finance looks at why once proud retail chains such as J.C. Penney have gone bankrupt.
- Motley Fool
Are Amazon and Walmart Ready to Face This Gigantic Challenge?
The looming threat of Reliance Retail's move into e-commerce business in India has been hanging over Walmart (NYSE: WMT) and Amazon (NASDAQ: AMZN) for quite some time now. Led by India's richest man, Mukesh Ambani, Reliance Retail has been gradually testing the waters of India's e-commerce space that is currently dominated by Amazon and Walmart subsidiary Flipkart.
- TechCrunch
Google and Walmart establish dominance in India's mobile payments market as WhatsApp Pay struggles to launch
In India, it's Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp Pay’s rollout. Google Pay had more than 75 million transacting users last month, ahead of PhonePe’s 60 million users, people familiar with the companies’ figures told TechCrunch. In comparison, SoftBank -backed Paytm's app saw 30 million transacting users last month and an average of 10 million users transacted each day, people familiar with the matter said.
- Yahoo Finance
Walmart leadership denounces 'senseless' George Floyd killing, embraces 'more just and fair country'
“[Our] problems as a nation run much deeper than one horrible event,” McMillon said, adding, “Until, we as a nation, confront and address these hard realities, we will never achieve the best of what we can be.”
- Associated Press
Walmart moves guns, ammunition in some stores to secure area
Walmart says it has removed ammunition and firearms from displays at some of its stores in the wake of the killing of George Floyd that has set off sometimes violent demonstrations against police brutality and injustice against African Americans. “As a responsible seller of hunting and sporting firearms, we have temporarily removed firearms and ammunition from the sales floor in some stores out of an abundance of caution," said Walmart in a statement. Walmart, which operates 4,700 stores in the U.S., didn't disclose the number of stores affected by the change.
- Business Wire
Walmart Announces 2020 Formal Business and Annual Shareholders’ Meeting Voting Results
Walmart Inc. (NYSE: WMT) today announced shareholder voting results for its Formal Business and Annual Shareholders’ Meeting, which was conducted by a virtual meeting due to the public health impact from the coronavirus outbreak (COVID-19). Approximately 91.7 percent of all outstanding shares were represented at the meeting.
- Yahoo Finance
Demand for all things stay-at-home may be over: Goldman Sachs
New data suggests life is getting back to some form of normal after the worst of the COVID-19 pandemic.
- Yahoo Finance
Pandemics, protests and an 'amoral' rally: Why Wall Street yawns in the face of chaos
The current price action is less of an indictment on the morality of investors and more of a calculated gamble that the economy is poised to rebound as lockdowns end.
- THE STATE OF VIRTUAL CARE IN THE US: The coronavirus is pushing telehealth into the mainstream — here's how traditional healthcare players are using it to retain business now and where the market is headedBusiness Insider
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- Reuters
Walmart removes firearms, ammunition from floor display as protests rage in U.S.
"We have temporarily removed firearms and ammunition from the sales floor in some stores out of an abundance of caution," the nation's largest retailer said in a statement. "Those items are available for purchase, but are being stored in a secure room."
- Motley Fool
Amazon's Market-Share Decline Is Nothing to Worry About
The online retailer's sales didn't grow nearly as much as competitors' online sales last quarter.
- Motley Fool
3 Stocks to Buy Ahead of the Next Market Crash
The global pandemic has shown us that certain stocks do better than others coming out of a market decline.
- Yahoo Finance
Looting at Macy's, Target and other retailers is just one reason to avoid retail stocks
Retail is in a brutal spot right now.
- Yahoo Finance
Why looting, protests and COVID-19 haven't pounded the stock market
Here's why stocks continue to be in rally mode despite the horrors sweeping America right now.
- Motley Fool
3 Great Income Stocks That Could Double Their Dividends
Low yields and safe payout ratios indicate businesses that could double their dividends in the future.
- Financial Times
We know and run Walmart but are denied a voice
In the nearly 32 years I have worked at my Walmart store in Kenosha, Wisconsin, I’ve seen a lot of changes — from the products we sell, to the associates I work with, to the customers who come through our doors. Walmart’s response to Covid-19 — slow, inadequate, failing to prioritise our health and public health — underscores why workers like me need a voice in shaping corporate policy. A study by United for Respect found that it took weeks — in some cases almost two months — for Walmart fully to adopt Centers for Disease Control recommendations for employers.
- Motley Fool
Dow Jones Rises Despite Civil Unrest; Walmart and Apple Close Stores Over Weekend; Microsoft Replaces Editors With AI
The Dow Jones Industrial Average (DJINDICES: ^DJI) shook off some truly bad news on Monday, up about 0.2% at 11:40 a.m. EDT. Just as the U.S. economy was beginning to recover from the novel coronavirus pandemic, civil unrest in major U.S. cities threatened to impede that recovery. Shares of Apple (NASDAQ: AAPL) and Walmart (NYSE: WMT) made only small moves as the companies closed some stores on Sunday due to the unrest.
- Motley Fool
Low-Price Retailers Post High Growth
In this episode of MarketFoolery, Chris Hill chats with Fool.com contributor Dan Kline about the latest news from the markets. They look at the retail space and how retail businesses are serving underserved communities.
- Motley Fool
Why Costco Could Be a Loser in the E-Commerce Boom
The warehouse retailer does a lot of things well, but online retail hasn't traditionally been one of them.
- Motley Fool
June Market Preview: How Shifts in Coronavirus, Unemployment Could Move Stocks
June will be a test: Can the economy reopen without complications? The results will largely determine what stocks to watch.
- TechCrunch
India rejects Walmart-owned Flipkart's proposed foray into food retail business
The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns a majority of the Indian e-commerce firm and which recently counted its business in Asia’s third-largest economy as one of the worst impacted by the global coronavirus pandemic. The Department for Promotion of Industry and Internal Trade (DPIIT), a wing of the nation's Ministry of Commerce and Industry, told Flipkart, which competes with Amazon India, that its proposed plan to enter the food retail business does not comply with regulatory guidelines -- though it did not elaborate, according to a person familiar with the matter. Rajneesh Kumar, chief corporate affairs officer at Flipkart, told TechCrunch that the company was evaluating the agency's response and intended to re-apply.
- Reuters
Retailers already hit by coronavirus board up as U.S. protests rage
Target Corp <TGT.N> and Walmart said on Sunday they shuttered stores across the United States as retailers already reeling from closures because of the coronavirus pandemic shut outlets amid protests that included looting in many U.S. cities. Protests turned violent in places including New York and Chicago following the death in Minneapolis of a black man, George Floyd, seen on video gasping for breath as a white police officer knelt on his neck. In Los Angeles, protests led to the looting of the Alexander McQueen clothing store on Rodeo Drive, and a Gucci store on the vaunted strip was marked with the graffiti slogan: "Eat the rich," according to local media reports.
- Yahoo Finance
Walmart stores suffer damage from George Floyd protests and looting — several hundred forced to close early
Walmart stores suffer damage from the George Floyd protesting and looting in some cases.
- Yahoo Finance
George Floyd protests, looting lead Target to temporarily close and adjust hours at 200 stores
Target takes steps to protect its workers and shoppers during the civil unrest sweeping the United States.
- Motley Fool
Walmart's Low-Cost Approach Wins Again
Walmart's (NYSE: WMT) fiscal first-quarter 2021 (ended April 30, 2020) results were strong, faring better than many other retailers that had to shut down their physical stores. Sure, management admitted that the coronavirus pandemic drove increased demand as people ran out to buy the company's goods. The Walmart U.S. business had a same-store sales (comps) increase of 10% and Sam's Club's comps rose 12%.
- Financial Times
Details on EU’s green Covid-19 recovery; Activists make point at Chevron AGM; Sandra Lee on fighting hunger; Tax avoidance
The European Commission on Wednesday unveiled a historic plan to invest billions of euros into a greener future as part of its recovery from the coronavirus-induced economic crisis. In a budget proposal, the commission is seeking €750bn for a recovery programme that would dole out grants and loans to member states that prioritise spending for green projects.
